Club Membership vs. Boat Ownership
There are a number of reasons why it makes more sense to join Nautical Boat Club than to own your own boat.
In addition to the superior variety, service, and perks you get as a Nautical Boat Club® member, you also spend much less time and energy on upkeep, as well as way less money! The cost to be a Member of Nautical Boat Club® is about one-third the cost of owning your own boat.
The bottom line? Belonging to a Boating Country Club® is a better deal, with a bonus “no-hassle” appeal!
Cost of Use - $80,000 Boat
Buy a Boat
Assumes a $80,000 Boat Purchase
INITIAL CAPITAL
20% down-payment
$16,000
Outfitting (lifejackets, wakeboards, skis, etc.)
$1,000
TOTAL
$17,000
Join the Club
Annual Club Membership
INITIAL CAPITAL
One-time membership fee
$3,995 - $4,995
Outfitting (lifejackets, skis, etc.)
$231 new member orientation
TOTAL
$4,226 - $5,226
Ongoing Monthly Expenses
Loan payment: 5 years @ 4%
$1175
Insurance
$100 Insurance + $100 property taxes
Maintenance
$55
Slip Fees
$400
Gas (estimate)
$100
TOTAL
$1,925
Ongoing Monthly Expenses
Monthly dues:
$395 - $495
Insurance
$0
Maintenance
$0
Slip Fees
$0
Gas (estimate)
$125
TOTAL
$545 - $645